Common use of Assignment of Rights and Claims Clause in Contracts

Assignment of Rights and Claims. Assignor assigns to Lender all rights and claims Assignor may have against any other party in connection with the Equity Collateral; provided, however, that Lender may not pursue any such right or claim unless a default exists under this Assignment or an Event of Default has occurred and is continuing under the Loan Agreement.

Assignment of Rights and Claims. Assignor assigns to Lender Assignee all rights and claims Assignor may have against any other party in connection with the Equity Collateral; provided, however, that Lender Assignee may not pursue any such right or claim unless a default exists under this Assignment or an Event of Default has will have occurred and is continuing under the Loan Agreement.

Assignment of Rights and Claims. Assignor assigns to Lender Assignee all rights and claims Assignor may have against any other party in connection with the Equity Collateral; provided, however, that Lender Assignee may not pursue any such right or claim unless a default exists under this Assignment or an Event of Default has occurred and is continuing under the Loan Agreement.

Assignment of Rights and Claims. Assignor assigns to Lender Assignee all rights and claims Assignor may have against any other party in connection with the Equity Collateral; provided, however, that Lender Assignee may not pursue any such right or claim unless a default exists under this Assignment or an Event of Default has occurred and is continuing under the Loan Agreement.